Ex-broker: Secretly gave Shoffner $36,000

By Linda Satter

Posted: March 8, 2014 at 3:01 a.m.

Former bond broker Steele Stephens testified with obvious reluctance Friday against former Arkansas Treasurer Martha Shoffner, admitting that he secretly gave her $36,000 in cash over 2½ years and was rewarded with a large share of the state’s bond business, which earned him hefty commissions.